We describe the structure and different features of Lie algebras in the Verlinde category,
obtained as semisimplification of contragredient Lie algebras in characteristic
with
respect to the adjoint action of a Chevalley generator. In particular, we construct a
root system for these algebras that arises as a parabolic restriction of the known root
system for the classical Lie algebra. This gives a lattice grading with simple
homogeneous components and a triangular decomposition for the semisimplified Lie
algebra. We also obtain a nondegenerate invariant form that behaves well with the
lattice grading. As an application, we exhibit concrete new examples of Lie algebras
in the Verlinde category.